8.6 Afternoon Analysis 🔥
Early Market: Bitcoin rose from a low of 112650 to 113989, currently fluctuating around 114000; Ethereum advanced from 3545 to 3612, consolidating around 3600.
Technical Analysis: The 4-hour chart shows a consolidation at the bottom, with the downward momentum slowing, and upward signals awaiting confirmation; the 1-hour level has broken through the middle track, with the DIF crossing above the DEA forming a golden cross, green bars turning red, indicating short-term bullish dominance, and a rebound is expected to continue.
Trading Suggestions:
Bitcoin: Fluctuate around 1127-1132, target looking at 1145-1150.
Ethereum: Fluctuate around 3550, target looking at 3630-3680.
